HA Resolution 2012-006RESOLUTION NO. HA 2012 - 006
A RESOLUTION OF THE LA QUINTA HOUSING
AUTHORITY APPROVING A BUDGET FOR FISCAL YEAR
2012/2013
WHEREAS, each year the La Quinta Housing Authority adopts a Budget for
Revenues and Expenditures for the upcoming Fiscal Year; and
WHEREAS, the Housing Authority desires to make provisions for a level of
services commensurate with the needs of the City; and
WHEREAS, the Housing Authority has reviewed said budget and has had several
public meetings to receive public input; and
WHEREAS, the Housing Authority has, after due deliberation and consideration,
made such amendments in the proposed budget as it considers desirable; and
NOW, THEREFORE, BE IT RESOLVED by the La Quinta Housing Authority to
adopt, as follows:
SECTION 1. The Fiscal Year 2012/2013 Budget which is on file with the La Quinta
Housing Authority Secretary is hereby approved.
SECTION 2. Continuing Appropriations which remain unspent and were authorized by
Council in Fiscal Year 201 1 /2012 are approved in the Fiscal Year 2012/2013 Budget
in an amount not to exceed $65,000 (Exhibit A).
SECTION 3. Budget adjustment procedures are approved as follows:
A. Additional appropriations and the transfer of cash or
unappropriated fund balance from one fund to another shall be
made only upon Housing Authority approval.
B. Transfers of budgeted appropriations between divisions or capital
projects shall be made only upon Housing Authority approval.
C. Transfers of budgeted appropriations between accounts within'a
division or capital project may be made with the approvaI ofAhe%;
Executive Director or his designee.
D. Prior year budget continuing Appropriations andEricumbrances foi-_:7
unexpended capital project appropriations remaining ,;.from-
Resolution No. HA 2012-006
Budget Approval FY 2012/2013
Adopted: July 3, 2012
Page 2
uncompleted prior year capital projects shall be made with
Executive Director approval. These carry-over appropriations are
for prior year Housing Authority approved capital projects and shall
not exceed the approved project budget.
SECTION 4. The Executive Director shall render a monthly report to the Housing
Authority on the status of City operations as.it relates to the approved budget and any
amendments thereto.
PASSED, APPROVED, and ADOPTED at a regular meeting of the La Quinta
Housing Authority held on this 3rd day of July, 2012, by the following vote:
AYES: Authority Members Adolph, Franklin, Henderson, Osborne, Chair Evans
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST:
/ C
LINDA EVANS, Chairperson
La Quinta Housing Authority
L7
SUSAN MAYSELS, Inte(#n Secretary
La Quinta Housing Authority
SEALâ–º
Resolution No. HA 2012-006
Budget Approval FY 2012/2013
Adopted: July 3, 2012
Page 3
APPROVED AS TO FORM:
M. KATHERINE JE
La Quinta Housing
La Quinta Housing Authority
Fiscal Year 2041N2 Continuing Appropriations/Encumbrances - Note 1
EXHIBIT A
25Jun-12
As Presented in Bud et Documents
Department
Account
Descri tion
Continuing
A -nation Encumbrances
Total
Housing Authority PA 1
241-9101-705.51-43
Total
53-645 Avenida Navarro 2nd Trust Deed
65,000
65,000
65,000
0
65000
Housing Authority PA 2
Total
Total Housing Authority
65,000
0
65 000.
Note 1 - The appropriations and encumbrances listed will be adjusted to reflect actual expenditures as of June 30, 2012 in Fiscal Year 2011-2012